Commercial Loan Services Specialist III
About The Position
Responsible for performing a variety of duties to support the commercial and corporate loan functions; coordinating work within the division, as well as with other divisions and departments; reporting pertinent information to the immediate supervisor; responding to inquiries or requests for information. This role involves independently performing duties to support commercial and corporate loan functions, including acting as supervisor in the manager's absence, managing the loan process from approval to closing, researching and collecting necessary loan documentation, producing loan-related documentation, distributing information to Loan Processing, following up on records and attorney-prepared documents, ensuring proper documentation is on file and current by managing and tracking various loan types, providing customer support, attending closings if requested, assisting Loan Officers, and training Commercial Services Specialists I and II. Ancillary duties may be performed as needed.
Requirements
- A high school diploma or equivalent; specialized bank credit services education/training.
- Must demonstrate strong communication skills.
- Proficient analytical and mathematics skills.
- Proficient interpersonal relations skills.
- Demonstrated organizational skills.
- Proficient PC skills, including Microsoft Word and Excel.
- Extensive knowledge of all banking services.
- Extensive knowledge of loan documentation and requirements for completion.
- Proficient in all phases of loan processing, including credit and compliance calculation and testing.
- Visual and auditory skills.
- A minimum of six (6) years of related experience.
Responsibilities
- Functions as supervisor in the absence of the manager.
- Follows new loans from approval to closing, to ensure a timely, accurate and compliant process.
- Researches, orders and collects necessary loan documentation and other information for pre-closings and closings.
- Produces documentation between the Bank and customers through the completion of the loan closing, i.e. commitment letters, amendments, line of credit renewal letters, letters of credit, etc.
- Distributes documentation and other related information to Loan Processing for timely entry into the system.
- Follows up, suggests changes and completes any additional records or attorney prepared documents with regard to loans in process.
- Ensures proper documentation is on file and kept current by managing and tracking various types of loans, i.e. construction or multiple advance, draw down loans after closing paying attention to (among other things) maintaining the bank’s lien position, qualified disbursement of funds, and compliance.
- Provides customer support when necessary; makes contact with customers in order to complete loan processing.
- Attends closings if requested.
- Assists Commercial or Corporate Loan Officers as needed.
- Trains Commercial Services Specialists I, II.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
